TA Associates-backed Compusoft acquires InnovaItalia
Compusoft Group, a leading global visual CPQ provider and portfolio company of TA Associates, has acquired InnovaItalia, the Pesaro, Italy-based distributor of Compusoft’s 3CAD software in Russia and neighbouring countries.
The acquisition of InnovaItalia is a natural extension of Compusoft’s furniture business unit and will expand their presence into new geographies, as well as broaden their strong customer base. Direct access to this market will open up further opportunities in a growing vCPQ market in Russia and provide Compusoft with a solid base for expansion.
David Tombre, CEO, Compusoft says: “InnovaItalia have forged an excellent reputation and business in Russia and this acquisition provides us with direct access and a foundation for further growth in an exciting new geography. We look forward to welcoming the new team to Compusoft.”
Andrea Gnoato, MD Furniture, Compusoft, adds: “Representing the 3CAD brand directly in Russia is a source of great pride, as well as opportunity and shows the fantastic growth and potential that our unique visual CPQ software has across the world. Understanding and supporting the current 3CAD customers directly in this region will aid our ability to provide greater improvements for their business and grow our presence there further.”